SBM Offshore has put its back into several FPSO projects while two of these are still scheduled to achieve the first oil by the end of 2023.
Prosafe has revealed that one of its semi-submersible vessels started its new contract with an undisclosed company in the U.S. Gulf of Mexico.
Britain’s National Gas has appointed Wood to digitally upgrade 7,600 kilometers of essential pipelines, compressor stations and terminal infrastructure as part of its commitment to the energy transition. Through a five-year framework agreement, Wood said it will apply digital solutions to transform
Tullow Oil has set the wheels in motion to sell its entire interest in Tullow Guyana (TGBV), which includes the Orinduik licence in Guyana.
Upwing Energy has tweaked its Enhanced Production Simulator (EPS) to enable operators to boost gas production by optimising well performance.
Shelf Drilling has revealed higher revenue for 2Q 2023, compared to 1Q 2023, driven by higher day rates and effective fleet utilisation.
Talos Energy has made a commercial oil and natural gas discovery in the Gulf of Mexico, which will be tied back to an existing platform.
The North Sea oil & gas industry spent £1.6 billion on decommissioning redundant wells and infrastructure last year, more than in any of the previous five years, the latest report by the North Sea Transition Authority (NSTA) states. The industry spent a total of around £8 billion from 2017-2022 and
Beach Energy has appointed a new Managing Director and Chief Executive Officer (CEO), which will take over the reins from 21 February 2024.
The Norwegian government has given its stamp of approval for the Equinor-operated Snøhvit Future project, which comes with plans for the future operation of Snøhvit and Hammerfest LNG, subject to certain conditions.
Tullow Oil has gained approval from the government of Gabon for the extension of several of its Gabon licences to 2046.
OKEA will be taking over the operatorship next month from the compatriot player, DNO Norge, at the Brasse license in the North Sea.
Diamond Offshore has tucked under its belt new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico, the UK, and Senegal.
Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent senior secured second lien notes due 2030.
